0000950103-15-009084.txt : 20151125 0000950103-15-009084.hdr.sgml : 20151125 20151125173903 ACCESSION NUMBER: 0000950103-15-009084 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151123 FILED AS OF DATE: 20151125 DATE AS OF CHANGE: 20151125 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CUMULUS MEDIA INC CENTRAL INDEX KEY: 0001058623 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 364159663 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3280 PEACHTREE ROAD N.W. STREET 2: SUITE 2300 CITY: ATLANTA STATE: GA ZIP: 30305 BUSINESS PHONE: 4049490700 MAIL ADDRESS: STREET 1: 3280 PEACHTREE ROAD N.W. STREET 2: SUITE 2300 CITY: ATLANTA STATE: GA ZIP: 30305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Crestview Partners II GP, L.P. CENTRAL INDEX KEY: 0001505639 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24525 FILM NUMBER: 151256904 BUSINESS ADDRESS: STREET 1: 667 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: (212) 906-0723 MAIL ADDRESS: STREET 1: 667 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Crestview Offshore Holdings II (892 Cayman), L.P. CENTRAL INDEX KEY: 0001480255 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24525 FILM NUMBER: 151256905 BUSINESS ADDRESS: STREET 1: 667 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: (212) 906-0700 MAIL ADDRESS: STREET 1: 667 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CRESTVIEW PARTNERS II (TE) LP CENTRAL INDEX KEY: 0001419863 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24525 FILM NUMBER: 151256909 BUSINESS ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II GP LP STREET 2: 667 MADISON AVENUE, 10 FL CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: (212) 906-0700 MAIL ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II GP LP STREET 2: 667 MADISON AVENUE, 10 FL CITY: NEW YORK STATE: NY ZIP: 10065 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CRESTVIEW RADIO INVESTORS, LLC CENTRAL INDEX KEY: 0001530025 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24525 FILM NUMBER: 151256911 BUSINESS ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II, L.P. STREET 2: 667 MADISON AVENUE, 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: 212-906-0700 MAIL ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II, L.P. STREET 2: 667 MADISON AVENUE, 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10065 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CRESTVIEW OFFSHORE HOLDINGS II (FF CAYMAN) LP CENTRAL INDEX KEY: 0001419873 STATE OF INCORPORATION: XX FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24525 FILM NUMBER: 151256906 BUSINESS ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II GP LP STREET 2: 667 MADISON AVENUE, 10TH FL CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: (212) 906-0700 MAIL ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II GP LP STREET 2: 667 MADISON AVENUE, 10TH FL CITY: NEW YORK STATE: NY ZIP: 10065 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CRESTVIEW PARTNERS II LP CENTRAL INDEX KEY: 0001419864 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24525 FILM NUMBER: 151256910 BUSINESS ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II GP LP STREET 2: 667 MADISON AVENUE, 10TH FL CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: (212) 906-0700 MAIL ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II GP LP STREET 2: 667 MADISON AVENUE, 10TH FL CITY: NEW YORK STATE: NY ZIP: 10065 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CRESTVIEW OFFSHORE HOLDINGS II (CAYMAN) LP CENTRAL INDEX KEY: 0001419875 STATE OF INCORPORATION: XX FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24525 FILM NUMBER: 151256907 BUSINESS ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II GP LP STREET 2: 667 MADISON AVENUE, 10TH FL CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: (212) 906-0700 MAIL ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II GP LP STREET 2: 667 MADISON AVENUE, 10TH FL CITY: NEW YORK STATE: NY ZIP: 10065 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CRESTVIEW PARTNERS II (FF) LP CENTRAL INDEX KEY: 0001419862 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24525 FILM NUMBER: 151256908 BUSINESS ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II LP STREET 2: 667 MADISON AVENUE, 10TH FL CITY: NEW YORK STATE: NY ZIP: 10065 BUSINESS PHONE: (212) 906-0700 MAIL ADDRESS: STREET 1: C/O CRESTVIEW PARTNERS II LP STREET 2: 667 MADISON AVENUE, 10TH FL CITY: NEW YORK STATE: NY ZIP: 10065 4 1 dp61395_4-crestviewradio.xml FORM 4 X0306 4 2015-11-23 0 0001058623 CUMULUS MEDIA INC CMLS 0001530025 CRESTVIEW RADIO INVESTORS, LLC C/O CRESTVIEW PARTNERS II GP, L.P. 667 MADISON AVENUE, 10TH FL. NEW YORK NY 10065 1 0 1 0 0001419864 CRESTVIEW PARTNERS II LP C/O CRESTVIEW PARTNERS II GP, L.P. 667 MADISON AVENUE, 10TH FL. NEW YORK NY 10065 1 0 1 0 0001419863 CRESTVIEW PARTNERS II (TE) LP C/O CRESTVIEW PARTNERS II GP, L.P. 667 MADISON AVENUE, 10TH FL. NEW YORK NY 10065 1 0 1 0 0001419862 CRESTVIEW PARTNERS II (FF) LP C/O CRESTVIEW PARTNERS II GP, L.P. 667 MADISON AVENUE, 10TH FL. NEW YORK NY 10065 1 0 1 0 0001419875 CRESTVIEW OFFSHORE HOLDINGS II (CAYMAN) LP C/O CRESTVIEW PARTNERS II GP LP 667 MADISON AVENUE, 10TH FL NEW YORK NY 10065 1 0 1 0 0001419873 CRESTVIEW OFFSHORE HOLDINGS II (FF CAYMAN) LP C/O CRESTVIEW PARTNERS II GP, L.P. 667 MADISON AVENUE, 10TH FL. NEW YORK NY 10065 1 0 1 0 0001480255 Crestview Offshore Holdings II (892 Cayman), L.P. C/O CRESTVIEW PARTNERS II GP, L.P. 667 MADISON AVENUE, 10TH FL. NEW YORK NY 10065 1 0 1 0 0001505639 Crestview Partners II GP, L.P. C/O CRESTVIEW PARTNERS II GP, L.P. 667 MADISON AVENUE, 10TH FL. NEW YORK NY 10065 1 0 1 0 Class A Common Stock, par value $0.01 per share 2015-11-23 4 P 0 1400922 0.1997 A 63827239 I See Footnotes Class A Common Stock, par value $0.01 per share 2015-11-24 4 P 0 721518 0.2338 A 64548757 I See Footnotes Class A Common Stock, par value $0.01 per share 2015-11-25 4 P 0 421885 0.2412 A 64970642 I See Footnotes The prices reported in Column 4 are weighted average prices. The shares sold on each of November 23, 24 and 25 were sold in multiple transactions at prices ranging from $0.1917 to $0.2000, $0.2023 to $0.2500 and $0.2312 to $0.2500, respectively. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 1 to this Form 4. See Exhibit 99.1 for text of Footnote (2). See Exhibit 99.1 for text of Footnote (3). CRESTVIEW, L.L.C., general partner of Crestview Partners II GP, L.P., the general partner of Crestview Partners II, L.P., the managing member of the Designated Filer, by /s/ Ross A. Oliver, Senior Counsel and Chief Compliance Officer 2015-11-25 EX-99.1 2 dp61395_4-ex9901.htm EXHIBIT 99.1

Exbibit 99.1

 

Joint Filer Information

 

Footnote (1) to Form 4: This Form 4 is being filed by more than one reporting person. Crestview Radio Investors, LLC directly beneficially owns 64,970,642 shares of Class A Common Stock (“Common Stock”) and 7,815,553 warrants. Each of Crestview Partners II, L.P., Crestview Partners II (TE), L.P., Crestview Partners II (FF), L.P., Crestview Offshore Holdings II (Cayman), L.P., Crestview Offshore Holdings II (FF Cayman), L.P., Crestview Offshore Holdings II (892 Cayman), L.P. and Crestview Partners II GP, L.P. may be deemed to have beneficial ownership of the 64,970,642 shares of Common Stock and 7,815,553 warrants directly owned by Crestview Radio Investors, LLC. Crestview Partners II GP, L.P. is the general partner of Crestview Partners II, L.P., Crestview Partners II (FF), L.P., Crestview Partners II (TE), L.P., Crestview Offshore Holdings II (Cayman), L.P., Crestview Offshore Holdings II (FF Cayman), L.P. and Crestview Offshore Holdings II (892 Cayman), L.P., each of which is a member of Crestview Radio Investors, LLC. Each reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

 

Footnote (2) to Form 4: This total does not include 40,486 restricted shares of Common Stock awarded by the Issuer to Jeffrey A. Marcus and 40,486 restricted shares of Common Stock awarded by the Issuer to Brian P. Cassidy which, in each case, will vest on May 14, 2016, the first anniversary of the date of grant. Messrs. Marcus and Cassidy are partners of Crestview Advisors, L.L.C., which provides investment advisory and management services to Crestview Radio Investors, LLC. In connection with the vesting of such shares, Messrs. Marcus and Cassidy will assign all of their respective rights, title and interest in such shares to Crestview Advisors, L.L.C. This total also does not include 86,148 shares of Common Stock held by Crestview Advisors, L.L.C. that were previously transferred by Messrs. Marcus and Cassidy in connection with the vesting of such shares. Each reporting person disclaims beneficial ownership of such securities.

 

Each of the following joint filers has designated Crestview Radio Investors, LLC as the “Designated Filer” for purposes of the attached Form 4:

 

1. Crestview Partners II, L.P.
c/o Crestview Partners II GP, L.P.
667 Madison Avenue, 10th Floor
New York, NY 10065
   
2. Crestview Partners II (TE), L.P.
c/o Crestview Partners II GP, L.P.
667 Madison Avenue, 10th Floor
New York, NY 10065
   
3. Crestview Partners II (FF), L.P.
c/o Crestview Partners II GP, L.P.
667 Madison Avenue, 10th Floor
New York, NY 10065
   
4.

Crestview Offshore Holdings II (Cayman), L.P.

c/o Crestview Partners II GP, L.P.
667 Madison Avenue, 10th Floor
New York, NY 10065

 

   
5. Crestview Offshore Holdings II (FF Cayman), L.P.
c/o Crestview Partners II GP, L.P.
667 Madison Avenue, 10th Floor
New York, NY 10065
   
6.

Crestview Offshore Holdings II (892 Cayman), L.P.

c/o Crestview Partners II GP, L.P.
667 Madison Avenue, 10th Floor
New York, NY 10065

 

   
7. Crestview Partners II GP, L.P.
667 Madison Avenue, 10th Floor
New York, NY 10065
   

Date of Event Requiring Statement: November 23, 2015

 

Issuer Name and Ticker or Trading Symbol: Cumulus Media Inc. [CMLS]

 

 
 

CRESTVIEW RADIO INVESTORS, LLC

 

By: Crestview Partners II, L.P., its managing member
   
By: Crestview Partners II GP, L.P., its general partner
   
By: Crestview, L.L.C., its general partner
   
By:

/s/ Ross A. Oliver 

  Name: Ross A. Oliver
  Title: Senior Counsel and Chief Compliance Officer

 

CRESTVIEW PARTNERS II, L.P. 

CRESTVIEW PARTNERS II (FF), L.P.

CRESTVIEW PARTNERS II (TE), L.P. 

CRESTVIEW OFFSHORE HOLDINGS II (CAYMAN), L.P.

CRESTVIEW OFFSHORE HOLDINGS II (FF CAYMAN), L.P.  

CRESTVIEW OFFSHORE HOLDINGS II (892 CAYMAN), L.P.

 

By:

Crestview Partners II GP, L.P.,

the general partner of each limited partnership above

 

By: Crestview, L.L.C., its general partner
   
By:

/s/ Ross A. Oliver 

  Name: Ross A. Oliver
  Title: Senior Counsel and Chief Compliance Officer

 

 

 

CRESTVIEW PARTNERS II GP, L.P.

 

By: Crestview, L.L.C., its general partner
   
By:

/s/ Ross A. Oliver 

  Name: Ross A. Oliver
  Title: Senior Counsel and Chief Compliance Officer

 

 

Date: November 25, 2015